Volkswagen Group Takes Over Polish Distribution

VIENNA – Volkswagen Group will take over distribution of VW, Audi and Porsche brands in Poland starting Jan. 1.
The German auto maker will buy 100% of shares of Kulczyk Pon Investment (KPI), a joint venture owned 50.1% by the Polish company Kulczyk Investments and 49.9% by Dutch VW importer Pon Holdings.
KPI’s sister company Kulczyk Tradex is Poland’s VW, Audi and Porsche importer.
The JV also owns minority stakes in Volkswagen Bank Polska and Volkswagen Leasing Polska.
VW ...

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